Nexen

Description
Full company report

Nexen is a Canadian-based energy company with operations in strategic locations around the world including the North Sea, the Gulf of Mexico, offshore West Africa, Canada, Yemen and Colombia. With over 3,800 employees worldwide, our primary offices are located in Calgary, Houston, Uxbridge and Aberdeen.

Our goal is simple – to responsibly grow long-term value for shareholders by focusing on three growth strategies: conventional exploration and development, oil sands and shale gas.

Our opportunity portfolio is rich and diversified, with almost 10 billion boe to develop. We have a track record of profitability and a strong balance sheet. With industry-leading cash netbacks and new growth projects under way, we are well positioned to continue creating value for shareholders.

The way we work is just as important as the results we achieve. Our global reputation for sound governance, safe and ethical business practices and transparent disclosure helps ensure we are both an economic success and a responsible developer. We are also proud of our comprehensive stakeholder consultation processes which enable open dialogue with stakeholders. In addition, through our social responsibility program, we support meaningful projects in the communities where we operate.